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Region: Economics and Sociology

2008 year, number 3

Net savings as an indicator of the sustainable regional development

M.S. Alekseychuk

Abstract

The paper is devoted to the question of whether a true-savings index - a sustainable development indicator - well known in western scientific publications, could be applied to assessing the sustainability of regional development. The author made an effort, through a case-study for the Samara Oblast, to measure a real speed of national saving after deduction of human investments, depletion of physical capital, natural resources and diseconomies of environment pollution.